Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Adrian, MI. It received its IRS tax-exemption ruling in January 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Habitat for Humanity International Inc reported income of $1.2m and spending of $1.2m, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $981k to $1.2m (+20%), an average of +3.7% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Habitat for Humanity International Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within MI. Charities of a similar size with the same main cause include Maywood Fine Arts Association ($1.2m), Operation Care ($1.2m) and North Dakota Petroleum Foundation ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 37% and program service revenue 61% of the total. Other salaries and wages came to $504k. At year end it held assets of $2.0m against liabilities of $1.3m, net assets of $727k. It reported 20 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.